Melbourne Market Report M45 – 8th May 2019

Melbourne Market Report M45 – 8th May 2019

MARKET REPORT – Melbourne Sale M45

08/05/2019

In a very poor offering of lots in 16.5u and finer for any types, and reasonably good offering of 17.5-21.5u of mainly lower types and premature shorn wool, the market was cheaper for all types in 19.5 and finer.
20.0 and broader where firm tending dearer for selected lots.
The passed in rate for Fleece was 9.8%.

Fine Merino skirtings with less than 3%vm and reasonable style pushed 10/15ac higher today in a very small selection. Poorer style and lower yielding wools carrying above 5%vm closed 15/20ac cheaper in a larger offering.